Tag: UK

UK retailers have lost out on over £39.4bn in potential sales in the past 12 month, after the value of online abandoned baskets more than doubles since 2018.

SME lending bank B-North has raised more than £560,000 for its latest funding round, beating its initial target.

The UK’s Financial Conduct Authority has published proposals to bolster its financial promotion rules for high-risk investments in a bid to help retail investors make better decisions.

London-based ALT/AVE has received a £535,000 capital injection, which was comprised of a grand and pre-seed funding.

The head of GCHQ has claimed the UK and its allies face a ‘moment of reckoning’ where the global direction of cybersecurity may not be ‘shaped and controlled by the west’.

The Financial Conduct Authority (FCA) has revealed it will launch a ‘regulatory nursery’ for new FinTech companies in autumn of this year.

FinTech Wales has introduced the FinTech Wales Foundry - a zero-equity business accelerator that pairs global FinTechs with leading Welsh financial institutions.

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential ‘Britcoin’ or central-bank-backed digital currency.

Fintern, an online loans platform, has scored £32m in a mixture of equity and debt funding.

Yoello, which helps businesses accept mobile payments, has received an undisclosed investment from Welsh Bank Hodge.